“Crash on the Horizon”
by Stephan Schulmeister, Freitag 08/ 2018
The systemic reasons for the crisis are more important than a sudden fall in prices. Stocks are held on average 22 seconds, not 6 months or ten years.
Real-capitalism is a plus-sum game. Financial capitalism is a zero-sum game. Profit is made at the expense of others. “Love for money” replaces trust.
Different ways are possible after a financial meltdown.